U+I, the property regeneration specialist, has announced more good news as four new high street names have signed up to join the Friarsgate development in Lichfield City centre.
Popular retailer Seasalt and leading food chains Le Bistrot Pierre, Patisserie Valerie and Starbucks have all agreed leases on new units within the development, which will become an extension to the existing Three Spires Shopping centre and help to boost the retail and leisure offer in the heart of the city centre.
Today’s announcement follows the news that The Light Cinema will open a seven screen cinema and Pizza Express, Zizzi and the Handmade Burger Company, restaurants will also be coming to Friarsgate.
Further top name retail lettings are also in the pipeline and these will be announced in the coming months.
In total, Friarsgate is expected to bring between 8-10 food and drink establishments and approximately 20 shops, with 82 apartments and 11 townhouses to the city centre. The combination of leisure and retail opportunities is expected to increase the city’s shopping turnover from £55m to £107m by 2022 and is forecast to create 660 new full-time equivalent jobs for the area.
Richard Upton, Deputy CEO of U+I, commented: “U+I is committed to creating great places and the four new lettings complement the city centre’s existing offer and help to unlock Lichfield’s potential as a great destination for shopping and visiting. Seasalt, Le Bistrot Pierre, Patisserie Valerie and Starbucks are all great draws for visitors and I’m delighted to confirm we are close to signing up other big name high street brands shortly. It is an exciting time for Lichfield, and I am confident that our investment in Lichfield will generate new jobs and growth for the area, which has always been a key objective for the Friarsgate development.”
Cllr Mike Wilcox, Leader of Lichfield District Council, said: “We’re delighted by today’s announcement. It’s great news that even more top named brands are signing up to the Friarsgate scheme and want to bring their businesses to Lichfield City. We’re enjoying watching the development take shape, and when built, we are confident it will drive more footfall to our businesses, create more jobs for local people, and really help to boost the reputation of the Lichfield as a great place to shop, drink, visit and enjoy.”
The development will also enhance transport connectivity to Lichfield, delivering a new bus station near to the railway station, as well as 500 safe and accessible car parking spaces. It will complement the existing retail, leisure and residential offering whilst preserving the historical and traditional feel of the city.
For more information about Friarsgate please visit www.visitfriarsgate.co.uk.